View Single Post
Old 04-17-2019, 12:04 PM   #5621 (permalink)
aerohead
Master EcoModder
 
aerohead's Avatar
 
Join Date: Jan 2008
Location: Sanger,Texas,U.S.A.
Posts: 15,861
Thanks: 23,922
Thanked 7,207 Times in 4,640 Posts
profit

Quote:
Originally Posted by redpoint5 View Post
If money wasn't speech, then it wouldn't be useful as money. Whenever we spend money on anything, we're saying something, even if what we're saying is "build more of these things".

There needs to be more personal responsibility with regards to corporate culpability. I'm not sure if that means dissolving corporations as legal entities, but the prospect of profit needs to be tempered by the prospect of utter ruin when calculating risk. Risks taken when ruin is not possible is not a risk then, but an incentive to be reckless.
If the spreadsheets were fleshed out with all the transparency of externalities presently unrecognized and unreported,the bean-counters would have an entirely different calculus with which to work with,and shareholders would finally have a true look at their corporation,and could decide whether or not,they would want to remain as an investor,or not.
This would be a perfect market mechanism.
Just as a democracy cannot function properly without an informed populace,neither can a corporation.

__________________
Photobucket album: http://s1271.photobucket.com/albums/jj622/aerohead2/
 
The Following User Says Thank You to aerohead For This Useful Post:
NeilBlanchard (04-17-2019)